Fixed Deposit Rate Comparison Table, May 2010

If you like to invest your money in the most secure instrument, fixed deposit is one of the best choice. Bank Negara increased OPR rate early this year, so fixed deposit rate also on the raise. You may want to park in your money in fixed deposit if you believe in “Sell in May and Go Away” adage.

The table below shows the conventional fixed deposit rate as of May 2010. This table are no longer maintained. This table is no longer maintained. For the latest rate kindly browse this page.

Thanks for answering. That’s exactly my point, and normally banks will automatically renew it after the maturity period, there’s no hassle in it for 1 mth investment.

I am new to investment. I know FD is barely called as an investment, but I am going to use it as my 1st tool. 2.75% for 1 year sounds good to me, as this fund is meant for my family saving fund for a short term period (abt 2 yr). Any comment?

Yes, FD is secure but you may want to explore other secure investment such as fixed price fund that offer by PNB. Historically, they pay much higher dividend. Take a look at “Amanah Saham Nasional” category in this blog.

However, if you are Chinese, I am sorry to say that it is fully subscribed.